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Hotel Near Interstate Access
For Sale
$6,300,000

4019 S Loop 289, Lubbock, TX 79423

Ashmore Inn & Suites offers a hospitality property serving business, leisure, university, and airport-related travel demand.

Property Size74,695 SF
Days on Market37

Property Features for 4019 S Loop 289

General Information

Standard status Active
Size 74,695 SF
Property subtype Other

Additional Details

Highway Access Yes

Building Details

Building Size 74,695 SF
Year Built 1995
Year Renovated 2007
Units 124
Listing Agency: Tabani Realty
Listed By: Salman (Sam) Tabani · License ##0546558
Source: Commercialcafe
Added: Sep 1 Changed: Sep 29 Last Checked: Oct 7 at 9:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tabani Realty

Investment Insights

Based on property information with market context.

Ashmore Inn & Suites is a hotel property comprising 16,724 square feet and built in 2001. The asset is positioned for continued hotel operations, with the source information also identifying potential for repositioning or brand conversion.

The property is located near Interstate 27 and South Loop 289 in Lubbock, providing access to major routes across the city. Texas Tech University, downtown Lubbock, South Plains Mall, and Lubbock Preston Smith International Airport are identified as nearby demand and activity centers. The surrounding context includes healthcare, education, agribusiness, government, retail, university, and airport-related activity.

Key Highlights

  • 16,724‑square‑foot hotel property built in 2001
  • Ashmore Inn & Suites hotel asset
  • Near Interstate 27 and South Loop 289

Property Analytics

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Current Use

Ashmore Inn & Suites Hotel & Motel

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,006
Businesses Nearby

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Hotel - Ashmore Inn & Suites offers a hospitality property serving business, leisure, university, and airport-related travel demand.
Where is this hotel located?
The property is located at 4019 S Loop 289 Lubbock, TX.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: 16,724‑square‑foot hotel property built in 2001; Ashmore Inn & Suites hotel asset; Near Interstate 27 and South Loop 289
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